Cambodia retains Least Developed Country status.

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Cambodia retains Least Developed Country status.

Post by CEOCambodiaNews » Fri Dec 09, 2016 8:53 am


Cambodia to remain among Least Developed Countrys (sic), for now

Fri, 9 December 20

Cambodia is not expected to graduate from its Least Developed Country (LDC) status until after 2025, though it has made progress in furthering its development, a new report by a UN agency said.

The United Nations Conference on Trade and Development (UNCTAD) projected in its latest review of the world’s poorest nations, which it undertakes every three years, that the number of LDCs will fall from 48 to 32 by 2025. By that date, Cambodia will be the only Asian country to still hold the classification, it said.

The report gave a positive outlook on Cambodia’s improvements in education, citing the progress made through education sector support initiatives. It also noted that the Kingdom’s private sector has played an effective role in “diversifying . . . production and entering in high-technology global value chains”...

http://www.phnompenhpost.com/business/c ... untrys-now
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phuketrichard
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Re: Cambodia retains Least Developed Country status.

Post by phuketrichard » Fri Dec 09, 2016 10:45 am

having traveled alot in the nearby countries of laos and Burma ( and of course Thailand) i would agree that Cambodia is way behind even these places.

Sure the Laosa nd Burma are poor, but Cambodia poverty is everywhere
In a nation run by swine, all pigs are upward-mobile and the rest of us are fucked until we can put our acts together: not necessarily to win, but mainly to keep from losing completely. HST
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Re: Cambodia retains Least Developed Country status.

Post by SinnSisamouth » Fri Dec 09, 2016 11:31 am

i like that its not developed

its partly why I came (and to get away from my ex/thaii wife)
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Re: Cambodia retains Least Developed Country status.

Post by Fourkinnel » Fri Dec 09, 2016 11:39 am

They should have another public holiday here just to mark this status! :)
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Re: Cambodia retains Least Developed Country status.

Post by Bitte_Kein_Lexus » Fri Dec 09, 2016 4:40 pm

I think this is total bullshit.
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Re: Cambodia retains Least Developed Country status.

Post by SinnSisamouth » Fri Dec 09, 2016 5:20 pm

"only asian country"

seems about right
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Re: Cambodia retains Least Developed Country status.

Post by boozyoldman » Fri Dec 09, 2016 5:52 pm

This is a very valuable and useful status; so long as Cambodia is in this category it is relatively easy to wheedle
baksheesh from the gullible do-goodie countries.

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reign aid redistributes resources from the poor in rich countries to the rich in poor countries" - Peter Bauer
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